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example for money received from a shared meal #2

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ybbobdev opened this issue Jun 10, 2018 · 1 comment
Open

example for money received from a shared meal #2

ybbobdev opened this issue Jun 10, 2018 · 1 comment

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@ybbobdev
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It would be helpful to see an example of how to track money received from a shared bill for dinner or coffee. Do you classify it as income?

2015/01/01 Opening Balance
  Assets:GeekBank:Checking                $900.00
  Liabilities:GeekBank:Mastercard        $-75.00
  Equity:Opening Balances

2018-06-09 Some Fancy Restaurant
  ;2 Fried Chicken sandos, fries, and some beers plus tip
  Expenes:Dinning                                  $43.68
  Liabilities:GeekBank:Mastercard

2018-06-09 Money received from friend
  ;My friends half of the bill from dinner the other night
  Income:Dinning .                                  $21.74
  Assets:GeekBank:Checking
@mauromorales
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Hi @ybbobdev it should actually go to the account where you received. In case it was cash then Expenses:Cash or if it went somehow to your paypal or bankaccount then Assets:Paypal, Assets:GeekBank:Checking respectively.

In case you received cash it might feel a bit weird to put it in an "expenses" account but it's much simpler to just treat all petty cash like that (at least for me).

Thanks for the idea, I'll make an example of that.

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